PLDT Inc ADR (PHI) is the American Depository Receipt version of PLDT Inc, the largest and oldest telecommunications company in the Philippines. Founded in 1928, PLDT operates internationally, catering to the diversified telecommunications needs of its customers.
As an ADR, PLDT Inc ADR allows U.S. investors to hold shares in the company without having to travel internationally or deal with the complexities of foreign investment regulations. Each ADR represents a specific number of shares in the foreign company and trades on U.S. markets just like any other stock. The PLDT ADR trades on the New York Stock Exchange under the ticker symbol "PHI".
PLDT Inc. is a leader within the telecommunications sector, providing a wide range of services, such as fixed-line, wireless, and broadband services. It provides these digital communications services to individual customers, small and medium businesses, and corporate and enterprise clients. The company places a strong emphasis on innovation, continually seeking ways to provide its customers with access to the latest technologies.
The company is structured into three main business segments: Wireless, Fixed Line, and Others. The Wireless segment deals with the provision of wireless communications services, including cellular, broadband, and mobile services. The Fixed Line segment offers local calling, international long-distance services, national long-distance services, data, and other network and miscellaneous services. The Others segment includes businesses in digital marketing, entertainment, and real estate.
PLDT Inc's mission is to empower Filipinos everywhere with customer-focused digital innovations that unlock and share their infinite potential. It aims to be the preferred and trusted partner in digital life of Filipinos. PLDT aggressively pursues its digital pivot strategy that involves the transformation of its current legacy network into a more resilient, software-controlled network infrastructure that seamlessly supports individual, home, and enterprise customers.
Over the years, PLDT Inc. has been recognized internationally for its innovative solutions and service upgrades that improve the customer experience. The company takes a customer-centric approach to business, aiming to provide a consistently superior customer experience through its extensive network reach, customer-focused digital innovations, and strong partnerships.
The ethos of PLDT Inc. is guided by its commitment to innovation, customer satisfaction, and corporate social responsibility. This dedication has enabled the company to not only survive but thrive in the increasingly competitive telecommunication landscape. As PLDT Inc. looks forward, it continues to adapt to meet the evolving needs of its customers, maintaining its good standing as one of the Philippines' leading telecommunications companies.